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Updated : 4 months, 2 weeks ago IST
Brussels [Belgium], September 10 (ANI): The debt trap policy of China has affected the Sri Lankan economy as Colombo was declared bankrupt due to Beijing's Belt and Road Initiative projects in the south Asian country, according to experts.
Updated : 6 months, 4 weeks ago IST
Islamabad [Pakistan], July 3 (ANI): Chinese debt-trap diplomacy could eventually exploit the textile industry in Pakistan to reap by proxy the benefit of the European Union's GSP+ which benefits Islamabad from zero duty on several products.
Updated : 1 year, 3 months ago IST
Antananarivo [Madagascar], October 15 (ANI): China has been striving to trap African nations in its debt diplomacy but Madagascar is now leading the fight for sovereignty in the African continent.